Tesla scores legal win over claims it lied about Model 3 production capacity

A federal judge is throwing out a shareholder lawsuit against Tesla that claimed the automaker committed fraud by repeatedly lying to investors about its Model 3 production capabilities, Reuters reports. Federal securities laws penalize companies for making claims they know are false. In Tesla’s case, it appears the company made good faith efforts to reach its stated goal of producing 5,000 Model 3 sedans per week — it just got there slower than expected. “Federal securities laws do not…

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Tesla scores legal win over claims it lied about Model 3 production capacity